Hofmann has been engaged on a followup to Vine, which he referred to as V2, since at least November of last year. In Might, he postponed the project, citing authorized and monetary difficulties. Curiously, Hofmann launched another app called Byte three years in the past, a set of photograph modifying and inventive instruments. The outdated and new Byte even use an analogous emblem containing a yellow-red-blue icon within the high left nook. Hofmann additionally tried his hand at a social community with a Slack-like interface referred to as Peach.

Based in 2012, Twitter purchased Vine simply 4 months after it launched for a reported $30 million. The unique Vine had a 6 second time constraint for movies, and reportedly had over 200 million month-to-month energetic customers at its peak. Twitter killed Vine in 2016, because it began to commit extra assets to reside video.

Hofmann based Vine with Rus Yusupov and Colin Kroll, who’re additionally the cofounders of HQ Trivia.

VentureBeat has reached out to Hofmann on Twitter for extra particulars on the brand new Byte, and can replace this story if we hear again.